Gold rose almost 1% to $1273.17 in London before it fell to see a slight loss at $1259.51 in early afternoon New York trade, but it then bounced back higher into the close and ended with a gain of 0.51%. Silver rose to as high as $15.792 and ended with a gain of 0.97%.
Euro gold rose to about €1151, platinum gained $22 to $999, and copper climbed slightly to about $2.28.
Gold and silver equities rose roughly 5% in the first 45 minutes of trade before they drifted back lower at times, but they still ended with about 3% gains.
Charts Courtesy of http://finance.yahoo.com/
The U.S. dollar index erased early gains and ended lower as the euro rebounded ahead of this week’s ECB meeting.
Treasuries traded mixed along with the Dow, Nasdaq, and S&P in relatively quiet trade.
Among the big names making news in the market today were Verizon, Wells Fargo, Noble Group, T-Mobile, and Apple.
As of close of business: 3/4/2016
Gold Warehouse Stocks:
Silver Warehouse Stocks:
Global Gold ETF Holdings
[WGC Sponsored ETF’s]
New York Stock Exchange Arca (NYSE Arca) AND Singapore Exchange (SGX) AND Tokyo Stock Exchange (TSE) AND Hong Kong Stock Exchange (HKEx) AND Mexico Stock Exchange (BMV)
SPDR® Gold Shares
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra)
Gold Bullion Securities
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam
ETFS Physical Gold
Australian Stock Exchange (ASX)
Gold Bullion Securities
Johannesburg Securities Exchange (JSE)
New Gold Debentures
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 0.215 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 191.07: +0.30 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,035.00: +88.83 change from yesterday’s data.
Goldcorp’s (GG) dividend, Eurasian’s (EMXX) completed royalty purchases, Barrick’s (ABX) tender offer, and Silver Standard’s (SSRI) plans to acquire all of the outstanding common shares of Claude Resources (CGR) were among the big stories in the gold and silver mining industry making headlines today.
PPP +17.86% $1.98
CDE +11.06% $5.02
3. First Majestic
AG +9.84% $5.36
1. Silver Standard
ASM -4.42% $1.08
PVG -3.20% $5.45
Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1.
Please see Yahoo’s Mining/Metals News Wire for all of today’s mining news.
- Chris Mullen, Gold Seeker Report
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© Gold Seeker 2016